Industry

The Nigeria Security and Civil Defence Corps, NSCDC at the weekend, paraded eight fake naval officers, arrested for illegally escorting a vessel laden with stolen petroleum products. The NSCDC Commandant in Rivers State, Muktar Lawal,…
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The federal government of Nigeria has expressed commitment to end both electricity and fuel subsidies by mid-2021. This was revealed by the International Monetary Fund, IMF in a report after the conclusion of its Article IV consultation…
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Chairman of BUA Group, Abdul Samad Rabiu has said the group is proposing the 200,000 barrels per day (bpd) refinery in Akwa Ibom to help Nigeria cut the huge cost of lifting crude oil, refining and importing the products. He said this…
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By Teddy Nwanunobi The Federal Government, alone, cannot crash the price of Liquefied Petroleum Gas (LPG) across the nation, the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) said on Tuesday. According to a…
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By Teddy Nwanunobi The Federal Government has denied a report that it revoked 32 refinery licences that were issued to some private companies across the nation. A report had listed some companies as some of the facilities that were…
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…Increases Gas Supply for Power Generation The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country in the month of January 2021 This is contained in the…
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By Teddy Nwanunobi Excited Group Managing Director of the NNPC, Mallam Mele Kyari, has declared that Nigeria’s “infrastructure revolution is paying up”. Kyari’s excitement followed the successful delivery of 96 pipes from Warri,…
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By Teddy Nwanunobi Nigerian-owned oil and gas production solutions company, Eunisell, has entered into an agreement with natural resources investment company, ADM Energy, to carry out development of the Barracuda Field in licence OML…
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The Nigerian National Petroleum Corporation (NNPC), in collaboration with other stakeholders, is to establish a gas power plant in Maiduguri to address the problem of power supply in Borno. The Group Managing Director (GMD) of NNPC, Mr…
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By Teddy Nwanunobi ADM Energy, which holds a 9.2 per cent profit interest in the Aje Oil Field, has announced the completion of the 15th crude oil lifting at the Aje field – part of OML 113 offshore Nigeria. This is the first lifting…
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